New York’s clean energy industry has recorded more than double the growth of the state’s overall economy between 2016 and 2018, according to the report.
New York’s clean energy economy saw an 8.9% growth in employment since 2016, whilst the overall economy recorded a more modest 3.4% growth figure.
In 2018 alone, some nearly 159,000 people gained employment in the state’s clean energy sector.
Key findings from this year’s report include:
- Energy Efficiency continues to be the largest clean energy technology category with 123,292 jobs or 77% of all clean energy employment in New York.
- Firms in the grid modernisation and energy storage technology category grew five times faster than national employment in this sector. In 2018, employment increased by 35%, far exceeding last year’s 8% growth during this time and five times greater than national employment growth of 7% in this sector.
- All regions in New York are demonstrating strong clean energy workforce opportunities
- Over 80% of employers who hired clean energy workers in the past year expressed difficulty in hiring in pace with the industry’s growing job demands.
NYSERDA attributes the growth of the industry to favourable policies and increased funding.
Funding initiatives introduced by NYSERDA include:
- $175 million Workforce Development Initiative
- Energy Efficiency and Clean Technology Training in which NYSERDA has provided $3.3 million to train over 17,000 New Yorkers in energy efficiency and clean technologies
- On-the-Job Training in which NYSERDA has in 2019 provided over $700,000 in support to 36 energy efficiency and clean technology businesses
- Clean Energy Internship Programme in which NYSERDA has placed 129 clean energy interns at 20 New York businesses across the state
- Building Operations and Maintenance Worker Training Programme in which NYSERDA is working with 36 companies, providing nearly $8 million to train over 4,600 workers.
Alicia Barton, CEO of NYSERDA said, “Under Governor Cuomo, New York has staked out a clear global leadership position in advancing a plan to combat climate change and advance clean energy, and this report demonstrates that those efforts are already paying off. The clean energy industry is adding high-quality jobs at more than twice the rate of the overall economy, and New York is quickly beginning to outpace the rest of the country, becoming a global hub for clean technology businesses. By continuing to invest in New York’s clean energy businesses and workers, the governor is providing exactly the kind of leadership we need today to build the thriving clean energy economy of tomorrow.”